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aleija

Can Democrats Still Count on the Grass-Roots? - The New York Times - 0 views

  • For Democrats who care deeply about progressive causes, Donald Trump’s presidency was a frightening experience. It was also a call to action. Progressive campaigns and causes experienced a huge spike in donations over the past four years, and in 2020 candidates up and down the ballot far outpaced fund-raising records from previous cycles.
  • They found that these donors were feeling more positive about Democrats in Washington than in years past, and that they remained energized — but a significant chunk of them were in fact planning to donate less, now that Trump is out of office.
  • After Mr. Trump’s defeat, there have been some signs of donor burnout. Close to nine out of 10 respondents said Mr. Trump had been one of the top factors driving them to donate in recent years. And upward of one in five grass-roots donors said they were now likely to cut back on their gifts to candidates and political parties.
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  • Close to half of all donors expressed a positive view of the Democratic Party, and a wide array of top Democratic officials received broadly favorable ratings from the survey’s Democratic respondents. Those include establishment politicians like President Biden and Senator Chuck Schumer, the majority leader, as well as left-wing figures like Representative Alexandria Ocasio-Cortez and Senator Bernie Sanders.
  • The study also revealed that anxiety about Mr. Trump’s continued influence on Republican politics remained a concern for many left-leaning donors.
  • With Democrats controlling only a slim majority in both chambers of Congress, he said many donors still saw the opposition party as a threat to legislation on popular issues like climate change and voting rights.
anonymous

A Black Nonprofit Got A 6-Figure Payment From Someone Whose Family Enslaved People : NPR - 0 views

  • A nonprofit group that helps Black and marginalized communities in Kentucky has received a six-figure donation from a white donor who says they recently inherited family wealth — and then learned that their great-grandfather owned enslaved people.
  • As they received their windfall, the inheritor grew curious about the origins of the family's money."They investigated their family history to find out their great-grandfather had enslaved six individuals in Bourbon [County], Ky.," Croney said as the nonprofit announced the donation this week.
  • Because the great-grandfather did not record the enslaved persons' names, the donor couldn't track down the descendants of the people the ancestor had owned. Croney said that because the donor was "aware of how hoarding wealth is a huge contributing factor of inequity in this country, they decided that they should give most of it away."
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  • The donation is the latest in a string of high-value reparations payments from white people who have unearthed ties to racism and slavery in their family history — finding details such as the value assigned to enslaved people in a ledger, and notes identifying a grandmother as a member of the Ku Klux Klan.
  • The money brings a significant boost for Change Today, Change Tomorrow, which has grown remarkably since Ryan first started the organization as a way to secure school supplies for teachers. Its programs now range from providing hot meals and snacks for students to public health outreach for new parents and menstruation products for those who need them, as well as making food deliveries — including fresh produce from a Black-owned farm.
  • The donor's identity has not been revealed, but the nonprofit said the person lives in the South.
  • Among those receiving reparations is Soul2Soul Sisters, a Colorado group co-founded by the Rev. Dawn Riley Duval. The money helped her organization grow — and like Ryan, Riley Duval says reparations are absolutely necessary, given the ties that have long bound racism and economic inequality in the United States
  • The donor who wired money to Change Today, Change Tomorrow is calling for other white people to pay reparations, even if their ancestors didn't own enslaved people.
  • The leaders of Change Today, Change Tomorrow echoed that sentiment. And they acknowledged that, given the sum heading their way, it wasn't until a wire transfer had taken place that it seemed real. Now, they added, they have more work to do.
  • Referring to the reparations payment, she added, "We don't have the luxury to kind of just sit on it, so it's literally money that's going to go right back into the community."The donor has never lived in Kentucky, Croney said, adding that the person found the organization by searching around on the internet. Louisville has played a prominent role in the national discussion on racism and police violence since last year when police officers shot and killed Breonna Taylor in her home. Activists are still calling for accountability in that case.
ethanshilling

U.S. to Donate 20 Million Doses for Global Vaccination Effort - The New York Times - 0 views

  • President Biden, heeding widespread calls to step up his response to the pandemic’s surge abroad, said on Monday that his administration would send 20 million doses of federally authorized coronavirus vaccine overseas in June — the first time he has pledged to give away doses that could be used in the United States.
  • “We know America will never be fully safe until the pandemic that’s raging globally is under control,” Mr. Biden said in a brief appearance at the White House. “No ocean’s wide enough, no wall’s high enough, to keep us safe.”
  • International health activists want far more.“Donating 80 million doses of vaccines without a plan to scale up production worldwide is like putting a Band-Aid on a machete wound,” said Gregg Gonsalves, a longtime AIDS activist.
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  • Those 80 million doses amounted to five times the number that any other country had donated, Mr. Biden said, noting that taking the lead in helping the world beat back the coronavirus was a chance to reassert American authority.
  • “We want to lead the world with our values, with this demonstration of our innovation and ingenuity, and the fundamental decency of the American people,” Mr. Biden said.
  • Mr. Biden’s announcement came not long after a World Health Organization news conference at which the director general, Dr. Tedros Adhanom Ghebreyesus, said that countries with high vaccination rates had to do more to help countries that were being hit hard by the coronavirus, or the entire world would be imperiled.
zoegainer

These Businesses and Institutions Are Cutting Ties With Trump - The New York Times - 0 views

  • A growing number of companies and institutions have taken actions against President Trump and his associates since the deadly rampage at the U.S. Capitol on Wednesday by the president’s supporters.
  • Facebook’s announcement came four days after it banned Mr. Trump from posting on its platform at least through the end of his term — after years of defending its hands-off approach.
  • And several digital platforms — including Snapchat, YouTube, Twitch, Reddit and Twitter — also recently limited or suspended Mr. Trump on their services.
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  • The P.G.A. of America announced on Sunday night that its board of directors had voted to terminate an agreement to play the P.G.A. Championship — one of golf’s four prestigious global major men’s championships — at Trump National Golf Club in Bedminster, N.J., in 2022.
  • Citigroup, which gave $1,000 in 2019 to the campaign of Senator Josh Hawley of Missouri, one of the senators who voted against the certification of the Electoral College results, said it had paused all campaign contributions until March.
  • Morgan Stanley said it suspended contributions to members of Congress who voted against certifying the results of the election, but has not suspended contributions across the board.
  • Deutsche Bank, which has been Mr. Trump’s primary lender for two decades, and Signature Bank, are also seeking distance from him and his business.
  • “Last week’s attempts by some congressional members to subvert the presidential election results and disrupt the peaceful transition of power do not align with our American Express Blue Box values,”
  • The New York State Bar Association has started an inquiry into whether Rudolph W. Giuliani, Mr. Trump’s personal lawyer, should be removed from its membership
  • AT&T, Amazon, Comcast, the Blue Cross Blue Shield Association, Ford, Best Buy and Marriott International also said they had suspended or ended contributions to members of Congress who voted against the certification of the Electoral College vote last week.
  • Hilton said it had already suspended its political contributions because of the impact of the pandemic, and that, because of the Capitol Hill violence, it would keep its PAC suspended indefinitely.
  • Wagner College on Staten Island also said on Friday that its board of trustees had voted to rescind the degree it gave to Mr. Trump in 2004.
  • In 2017, both Lehigh and Wagner considered revoking the degrees after Mr. Trump said there were “very fine people on both sides” who violently clashed in Charlottesville, Va. The schools later decided to let Mr. Trump keep the degrees.
  • The P.G.A. of America announced on Sunday night that its board of directors had voted to terminate an agreement to play the P.G.A. Championship at Trump National Golf Club in Bedminster, N.J., in 2022.
  • The hotel giant Marriott International said it was taking similar action.
  • Four of the country’s largest banks, JPMorgan Chase, Goldman Sachs, Citigroup and Morgan Stanley, said they would temporarily stop sending donations from their political action committees.
  • The banks have raised hundreds of thousands of dollars and donated to candidates of both parties
  • The Blue Cross Blue Shield Association announced on Friday that it was suspending political contributions to Republicans in Congress who tried to block the electoral vote tallies for President-elect Joseph R. Biden Jr.
  • The association is one of the nation’s largest federations of insurance companies, which provide health insurance to about 109 million Americans.
  • The decision to strip Mr. Trump’s resort of hosting the second of four major tournaments on the tour’s calendar was a heavy loss to a president who has emphasized his portfolio of golf resorts and spent significant time on the course while in office.
  • Lehigh University in Pennsylvania awarded Mr. Trump a degree in 1988, after its president called the real estate developer a “symbol of our age — all the daring and energy that the word tycoon conjures up.” On Friday, two days after the attack on the Capitol, the university said in a statement that its board of trustees had “voted to rescind and revoke the honorary degree.”
  • Wagner College on Staten Island — the New York City borough where Mr. Trump has remained popular — announced on Friday that its board of trustees had voted to rescind the degree it gave to Mr. Trump in 2004. No explanation was given.
  • On Sunday, Laurie L. Patton, president of the college, said it had initiated the process to consider revoking that degree because of Mr. Giuliani’s role in “fomenting the violent uprising against our nation’s Capitol building,” which Ms. Patton called “an insurrection against democracy itself.”AdvertisementContinue reading the main story
  • The online payment platform Stripe will no longer process payments for Mr. Trump’s campaign website, The Wall Street Journal reported on Sunday.
  • Under the terms of that policy, Stripe users must agree not to accept payments for “high risk” activities, including for any business or organization that “engages in, encourages, promotes or celebrates unlawful violence or physical harm to persons or property.
mattrenz16

'We Need to Stabilize': Big Business Breaks With Republicans - The New York Times - 0 views

  • The longstanding alliance between big business and the Republican Party is being tested as never before.
  • As President Trump and his allies sought to overturn the election results in recent months, chief executives condemned their efforts and called on Republicans to stop meddling with the peaceful transfer of power.
  • Dozens of companies, from AT&T to Walmart, have said they will no longer donate to members of Congress who opposed the Electoral College certification of President-elect Joseph R. Biden Jr.
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  • And a senior House Democrat asked big banks and other financial services companies on Friday to stop processing financial transactions for people and organizations that participated in the Capitol riot.
  • But in a fractured moment, the unified voice of the mainstream business world carries a great deal of symbolic heft.
  • “It’s not just a break with Trump but potentially with the Republican Party,” said Richard Edelman, chief executive of the global corporate communications firm Edelman. “It’s not OK what’s going on in America, and businesspeople are going to hold you to account.”
  • I mean, we had sedition and insurrection in D.C.,” said Jamie Dimon, the chief executive of JPMorgan Chase.
  • After the president exhorted his supporters to march on the Capitol, chief executives used their strongest language to date to repudiate Mr. Trump, and some of his longtime allies have walked away.
  • Ken Langone, the billionaire co-founder of Home Depot and an ardent supporter of the president, renounced Mr. Trump, telling CNBC, “I feel betrayed.”
  • Some companies said they were only temporarily stopping their corporate giving, but executives were sending a clear message that they were fed up with Washington.
  • Cisco said it would no longer donate to members who opposed the election certification, for instance, but Mr. Robbins said that did not represent a wholesale split from Republicans.
katherineharron

Capitol riot tears GOP apart as it seeks a return to power in 2022 - CNNPolitics - 0 views

  • Florida Republican Sen. Rick Scott, the new chair of the National Republican Senatorial Committee, defended President Donald Trump on Wednesday when asked if his ally bore any responsibility for inciting a riot at the US Capitol, putting the onus of last week's death and destruction instead on the mob.
  • "He's not the one who made the decision to breach this Capitol," Scott said.
  • Scott's comments came as the pro-Trump riot has torn apart the Republican Party, setting off a backlash among some donors, a historic second impeachment of the President and a fight over how best to build a path back to power.
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  • Trump remains broadly popular within the GOP. But the riot has led a small group of House Republicans -- including Rep. Liz Cheney, the No. 3 in GOP leadership in the chamber -- to support his impeachment.
  • The Florida Republican told CNN that he wished Trump "responded faster" to quell the violence, calling the riot "unacceptable" and "un-American" and for some of the insurrectionists to be prosecuted.
  • he did not hold Trump accountable for the attack
  • The US Chamber of Commerce, corporate political action committees and major conservative donors are reevaluating whether they will donate to the 147 Republican members of Congress who objected to certifying the presidential election on the day of the attack in a deluded bid to overturn the results. Those members include Scott and House Republican Leader Kevin McCarthy, who cited voter integrity concerns.
  • The donor revolt is "going to make every Republican's job that much harder," said Ken Spain, a GOP strategist. Spain said the corporate pushback now under way illustrates a fissure between corporate America and rank-and-file Republicans on issues such as free trade that has only grown wider in recent years.
  • "Corporations, individuals, they have a choice," the senator said. "If you believe in a big government, less freedoms, socialism, you ought to actually put all your money into supporting the Democrats. If you want opportunity, and lower taxes and less government, you're going to support Republicans."
  • Some major American companies, including Amazon and CNN's owner AT&T, have announced they will withhold PAC donations to those who objected to certifying the election results.
  • Business PACs are significant players in politics, accounting for more than $360 million in federal contributions during the 2020 cycle -- with about 57% of the money flowing to GOP candidates, according to the nonpartisan Center for Responsive Politics.
  • "Lawmakers' actions leading up to and during last week's insurrection will weigh heavy in our evaluation of future support," said AFP CEO Emily Seidel in a statement.
  • "We will take into account the totality of what candidates and elected officials do, including the actions of last week, and importantly, the actions in the days ahead in determining whether or not we support them," said Neil Bradley, the chamber executive vice president, on Tuesday. "I actually want to be very clear: There are some members, who by their actions, will have forfeited the support of the US Chamber of Commerce."
  • Some major conservative donors have also focused their ire on the individual Republicans they view as having helped to instigate last week's events, particularly Hawley. Missouri businessman Sam Fox, who donated $300,000 to a super PAC that aided Hawley's election in 2018, said in a statement that the senator "can certainly forget about any support from me again" after last week's events.
  • The senator wrote an op-ed for the Southeast Missourian newspaper explaining why he continued to object after the violence in the Capitol. "The reason is simple: I will not bow to a lawless mob, or allow criminals to drown out the legitimate concerns of my constituents," Hawley wrote.
  • Dan Eberhart, an Arizona-based energy executive considering a bid against Democrat Sen. Mark Kelly in 2022, said, "I have been a big donor to Rick Scott in the past and plan to continue to be."
  • Eberhart said disaffected donors will "make up with Republicans pretty quickly" if the Democrats, who will soon control the White House and both chambers in Congress, "overreach" in their agenda. "Donors will want the counterweight that Republican provide. More money may go to the leadership PACs, but it will still go to Republicans if those are the policies donors support," he added.
  • After House Republicans picked up seats in 2020 and with the Senate split 50-50 -- and Vice President-elect Kamala Harris set to be the tiebreaker -- eyes will turn to next year's midterms. The party out of power typically does well in midterms, and in 2022, Senate Republicans will have more seats to defend than the Democrats, including in battleground states like Florida, Pennsylvania, North Carolina and Wisconsin.
  • But Trump and his legacy will continue to shape the perceptions of the party in the next election. Already, Ben Wikler, chair of the Democratic Party of Wisconsin, announced on Wednesday that the party is going up with a six-figure ad buy that blames Johnson for inciting the riot at the Capitol.
  • When asked if he blamed Trump for losing the Senate, Scott said, "My focus is on 'how do we go forward?' "
yehbru

How Trump made people care about politics again - CNNPolitics - 0 views

  • Record numbers of Americans felt strongly favorable or unfavorable toward Trump during his time in office. (The strongly favorable and unfavorable was 71% in a Fox News poll last month, for instance.)
  • Trump's presidency drove historic turnout and record donations to political campaigns in a country whose voters have often shown a disinterest in politics.
  • The 2020 campaign, by comparison, had a little less than 160 million voters participate
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  • Just 51.7% of the voting-eligible population cast a ballot, according to the US Elections Project. That was the lowest since 18-year-olds got the vote before the 1972 election. In raw numbers, a little more than 96 million voters decided to take part in that year's presidential election.
  • Half of the voter-eligible population turned out to vote in 2018. This 50.0% turnout rate was more than 13 points higher than in 2014 (36.7%). In raw numbers, nearly 120 million turned out in 2018 compared to only a little more than 80 million in 2014.
  • What's amazing is how far back you have to go to beat 66.7% for a turnout rate in a presidential election. There wasn't a higher turnout rate in either the 20th or 21st century.
  • the US Elections Project estimates a turnout rate of 66.7% of the voting-eligible population.
  • The strong feelings toward Trump also drove record donations to political candidates up and down the ballot.
  • Through November 30, 2020, the FEC reports that nearly $24 billion was raised by federal candidates, PACs and party committees during the 2020 election cycle. No other year comes anywhere close to that total. For comparison, a little more than $9 billion was raised by federal candidates, PACs and party committees during the 2016 election cycle.
  • Looking just at the presidential candidates, over $4 billion was taken in. Never before had more than $2 billion been raised.
  • In the House races, candidates raised $1.9 billion. Again, that's a record for any cycle. The next highest total was in 2018 with Trump in the White House. During the midterm cycle, $1.7 billion was raised by House candidates.
  • The interest in elections during the past four years isn't just about Trump the individual. It's about everything around Trump and everything that can strengthen or lessen the power he has.
anonymous

The 2020 Campaign Is the Most Expensive Ever (By a Lot) - The New York Times - 0 views

  • The 2020 election has blown past previous records to become the most expensive campaign in American history, with the final tally for the battle for the White House and control of the Senate and the House expected to hit nearly $14 billion, according to new projections made by the Center for Responsive Politics.
  • The surge of spending is powered by donations at both ends of the giving spectrum as small donors, particularly online, are playing an increasingly central role in funding campaigns. At the same time, billionaires and multimillionaires are writing enormous checks to super PACs.
  • Mr. Biden’s campaign committee, which had raised $938 million as of Oct. 14, is on track to be the first to surpass $1 billion in fund-raising. The fund-raising hauls by both Mr. Biden and Mr. Trump, when combined with party money, already far exceed that threshold.
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  • Eight of the 10 most expensive Senate races ever are unfolding in 2020
  • Up and down the ballot, Democrats have the financial upper hand this year.
  • Small-dollar donors, who have lifted Democratic Senate candidates and Mr. Biden in particular, are growing in importance, accounting for 22 percent of the total money raised in the 2020 cycle. These donors, who gave less than $200 to a candidate or cause, contributed 15 percent of the funds raised in the 2016 election.
  • So-called dark money continues to flood into American political campaigns through entities like nonprofits that do not fully disclose their donors.
  • More women than ever are giving to federal races, accounting for 44 percent of donors, up from 37 percent in 2016, according to the analysis by the Center for Responsive Politics.
  • Women have favored Democrats in the voting booth
  • The nonprofit Democratic online donation platform, ActBlue, has processed more than $3.3 billion so far this year.
  • The top industry for campaign cash remains Wall Street, totaling more than $255 million from the securities and investment world, according to the center’s research. That money heavily favored Democrats: $161.7 million to $94.5 million.
  • Separately, the role of traditional political action committees, often used by corporations to bundle donations to incumbent politicians, has been shrinking as a share of political cash, hitting a record low of 5 percent, according to the center.
  • The total cost of the races for the White House, the Senate and the House is expected to hit nearly $14 billion.
  • he biggest driver of political spending this year has been — no surprise — the presidential race, as enormous sums have, in particular, poured into supporting Joseph R. Biden Jr.’s bid to oust President Trump.
  • 6.6 billion
  • Editors’ PicksHow the Trump Era
  • That is one of four Senate races to have crossed the $200 million mark this year — the others are in Iowa, South Carolina and Arizona — something that had never before happened in a contest without a self-funding candidate.
  • Democratic candidates and allied groups have spent $5.5 billion this cycle, compared with $3.8 billion in spending by Republicans — the largest advantage ever, according to the analysis by the nonpartisan Center for Responsive Politics.
  • Both parties are taking advantage of disclosure loopholes. One dark money Democratic group, the Sixteen Thirty Fund, has reported more than $51 million in giving to a wide array of other federal PACs, federal records show.
rerobinson03

She Beat Cancer at 10. Now She'll Join SpaceX's First Private Trip to Orbit. - The New York Times - 0 views

  • Ms. Arceneaux, a physician assistant at St. Jude Children’s Research Hospital in Memphis, will be one of four people on a SpaceX Falcon 9 rocket lifting off from Florida
  • Scheduled to launch late this year, it is to be the first crewed mission to circle Earth in which no one on board is a professional astronaut.
  • Ms. Arceneaux could become the youngest American ever to travel to orbit. She will also be the first person with a prosthetic body part to go to space.
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  • Last year, Ms. Arceneaux was hired by St. Jude. She works with children with leukemia and lymphoma, such as a teenage boy she talked with recently.“I shared with him that I also lost my hair,” Ms. Arceneaux said. “I told him: ‘You can ask me anything. I’m a former patient. I’ll tell you the truth, anything you want to know.’ And he said, ‘Will you really tell me the truth?’ And I said yes.”
  • The sweepstakes is structured in a way that effectively limits the size of donations. One entry is free. A minimum donation of $10 buys 100 entries, and each additional dollar donated buys 10 more entries, up to $1,000 for 10,000 entries.
  • The fourth SpaceX seat will go to the winner of a contest sponsored by Mr. Isaacman’s company, Shift4, which sells credit-card-processing terminals and point-of-sale systems to restaurants and other businesses. The “Shark Tank”-like competition calls for entrepreneurs to design an online store using Shift4’s software and then post a video on Twitter describing their business.
Javier E

Opinion | Got Climate Doom? Here's What You Can Do to Actually Make a Difference - The New York Times - 0 views

  • My guests are author David Wallace-Wells, who wrote the book “The Uninhabitable Earth,” and Genevieve Guenther, climate communication activist and founder of the organization, End Climate Silence.
  • genevieve guentherAll right, well, let me talk about this point that you shouldn’t have kids or you should have one fewer kid to lower your carbon footprint because it’s misanthropic and it’s just wrong. So there was one study that came up with the top personal carbon footprint actions, and one of them was have one fewer kid. But if you dig down into that study you see that they assume that the consumption of parenthood would remain the same with each subsequent kid. People in the global south generally have large families. And it hasn’t increased their carbon emissions at all. It’s not the kids, it’s the consumption.
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  • the benefits are really vivid, they are really clear. Everybody agrees that the world will be better off the faster we move. And that really wasn’t the case five or 10 years ago. There was much more muddled analysis and messaging then. And I think we have to take advantage of the new unanimity and not let people fall back on the logic of status quo bias and incumbency and just think that change is expensive and difficult
  • david wallace-wellsMy basic feeling is that the changes that we need are all systemic. And so the things that individuals can do to make that change are primarily through the political realm, not through their individual behavior. If we want to really halt this problem and get a handle on it, it means large, large scale changes that are beyond the capacity of individuals to enact on their own.
  • jane coastonHow do we get our house in order? What do I as an individual or the people listening to this podcast, how do I make this happen on my level? Knowing all of that, what do I do? What do I personally need to do? Give me a thing to do, Genevieve!
  • If you want to learn more about personal responsibility, I recommend Jason Marks’s article in the Sierra Club magazine, “Yes, actually, individual responsibility is essential to solving the climate crisis,” and the New York Times guest essay by Auden Schendler, “Worrying About Your Carbon Footprint is Exactly What Big Oil Wants You to Do.”
  • david wallace-wells
  • I don’t know that we have to all take on a feeling of guilt for the rise of G.D.P. under neoliberalism, because I don’t know that most of us have actually even seen that money.
  • ultimately, the things that we need to do to really get a hold of this are way bigger than cutting your food emissions by 10 percent or 50 percent or whatever. It’s like, the three of us in this room, we can’t build an electric grid, a solar farm. We can’t make sure that there are Tesla charging stations all across the country. We can’t re-imagine land use policy or agricultural policy. We can’t put an honest price on carbon so that when you’re buying gas, you’re actually paying for the environmental damage that’s being caused or when you’re buying an airplane ticket. Those are just things that are well outside of our capacity to control
  • jane coastonCould you explain what climate justice means to an audience that is me?genevieve guentherBasically, it means that the global north historically has been responsible for the vast majority of carbon pollution. And the global south has been responsible for almost none of it. Since 1990, for example, the top 10 percent of earners have been responsible for 52 percent of the growth of global emissions. And the poorest, 50 percent, who largely live in the global south, have been responsible for about 7 percent of global emissions. But that hasn’t grown at all. Historically, they have contributed nothing to the exponential growth of emissions and the increased and accelerating global heating that we’re already seeing. So the idea of climate justice is that global north nations have a moral responsibility to reduce their emissions first and faster so that there is some room left in whatever carbon budget we still have for the global south to pull themselves out of poverty.
  • jane coastonDavid, what do you make of what Genevieve said about the messaging about good and evil there?
  • david wallace-wellsI would say even more importantly, we can’t set our standard at extinction. It’s not like if we survive and avoid extinction, that that’s a success. There is huge suffering between here and there. And every degree of temperature rise is going to create more suffering. And every degree we avoid can help us avoid that.
  • The climate crisis has begun in the United States, too. But the real violence of it is in the global south. And I would argue that the global north doesn’t see it because the news media isn’t reporting on it and because the kind of white supremacy prevents people in this country from really recognizing that this is a violence that would feel unimaginable if it happened to their children.
  • genevieve guentherOK, so the first part is understanding why we have to do this. And I would argue that most Americans still don’t know enough about global heating and the climate crisis.
  • jane coastonYeah, but and a benefit when? Because I think a lot of this messaging relies on something that, in general, people do not like, which is, you may need to do a thing or change a thing about your life for a future that we have not yet defined. From a messaging perspective, how do we message the urgency
  • To think about the concrete impacts, 350,000 Americans, it’s estimated, die every single year from the air pollution from the burning of fossil fuels. That is a death toll literally equal to the 2020 death toll from COVID.
  • Or is it going to take so long that, in fact, things are going to spiral out of control?
  • within the space of a few years, by simply refusing to accept their own impotence, they have literally remade the entire landscape of global climate politics. Like in the U.S., when we have Joe Biden who Sunrise gave an F to in the primary, talking about this as an existential threat, that is because the protests worked. And they worked in an incredibly short amount of time
  • I personally think the high consumption, and particularly the flying of people who are in the public eye, trying to communicate the urgency of the climate crisis, is incredibly destructive to building a political movement. They’re actually doing something extremely counterproductive in my interpretation. They’re reinforcing everybody’s cognitive dissonance with their behavior, which is also a form of speech. They’re communicating that they’re not willing to make transformative changes and not willing to support transformative policies, and that, in fact, you need to use fossil fuels even to do climate work. And so, for me, I feel like the people who need to worry about their carbon footprints insofar as anybody does are the 1 percent and people in the climate movement.
  • here are huge, huge health consequences from this pollution. It may be the case that air pollution may even be a bigger crisis than climate change. That is how dramatic these impacts are. They happen to be caused largely by the same thing so we can solve them at the same time, but we’re talking about rising rates of respiratory disease and coronary disease and cancers of all kinds and Alzheimer’s and dementia and ADHD and criminality and premature birth and low birth weight. And just every aspect of human flourishing is damaged by the pollution that is produced by the burning of fossil fuels
  • david wallace-wellsIt’s really, really stark, as Genevieve lays out, that it is the wealthy countries of the world and the wealthy people of the world who have engineered this crisis. So whenever we hear about the problem of India, the problem of electrifying sub-Saharan Africa, these are problems. We need to figure them out and do them clean in a way that doesn’t imperil the future of the planet. But those are only problems that we have to deal with now because of the development patterns that countries like ours and across northern Europe went through over the last few decades and centuries.
  • Half of all emissions in the entire history of humanity have come in the last 30 years. Now since Al Gore published his first book on warming, you know I often joke it’s since the premiere of “Friends,” which means that, actually, the people who have done the lion’s share of the damage to the planet are alive today. And it is true, of course, that the people who have been running Shell and Chevron and ExxonMobil have much more responsibility than I do or Genevieve does or Jane does. But it is also the case that all of us have benefited in significant ways from economic activity that has been powered by fossil fuels and to which we could have raised louder objections earlier.
  • genevieve guentherI think it’s worthwhile to point out that the vast majority of Americans are literally going to be richer once we have decarbonized, because their electricity, their heating, their transportation, and their health care costs are going to go down significantl
  • genevieve guentherPick one. Do it once a week, and things will change. First thing is vote. You can’t do that once a week, but vote in every election. Vote
  • some of the actions that you’re talking about, the individual actions, I think can be useful in terms of generating small scale political energy that can eventually sort of trickle up into politics. Leaders see that we’re making changes. They see that we’re demanding changes. They may feel more comfortable making those changes themselves.
  • We as a culture need to normalize that it’s actually healthy not to be happy in the face of climate change and that it doesn’t mean we’re failed Americans. It means that we’re actually human beings who are having an appropriate and ethical moral response to the suffering that is coming in the pipe for everybody, also our own children
  • Or you can donate to groups that are working on electoral politics directly, like the Environmental Voter Project or Stacey Abrams’s Verified Action
  • david wallace-wellsHonestly, the person I was talking to was the United States. I mean, that is the perspective that we have as a country. And as guilty as I feel as responsible as I feel, as I’m sure, Genevieve, and to some extent, Jane, you feel, all of us are actually behaving in ways that are imposing that kind of suffering on people elsewhere in the world. It’s almost unavoidable, given the systems that we live in today. And that is really horrifying. But I think the more clearly that we can see that, the more likely we are to be demanding real change of our leaders and the systems in which we live
  • david wallace-wellsWell, some of them can matter in limiting your carbon footprint. So if you don’t eat beef, if you don’t take airplanes, if you drive an electric car, you’re probably pretty far along in reducing your own carbon footprint. And that is one measure of climate responsibility, carbon responsibility
  • The ability to put your preferred candidates in office is a huge part of the climate fight
  • david wallace-wellsI think that this story is one about our responsibility towards other humans, in which collectively, human behavior has imperiled the future of the planet. I think as a result, we have to talk about it in terms of good and evil, that there are very obvious sides.
  • And it is borne disproportionately by Black and Brown and poor people.
  • genevieve guentherI actually agree with David. This is a systemic problem that is only going to be solved by governments and large corporations leading the transformation of our economies to zero-emission economies. That said, rich people across the globe have a responsibility, a personal responsibility, to reduce their discretionary emissions, to reduce their consumption, both for climate justice reasons and also simply because we need them to do it if we’re going to meet our emissions targets and halt global heating.
  • what is hopeful about these net zero pledges, even as they are greenwashing, is the fact that these companies feel pressure to make them at all, right? This is a sea change in politics. If they can’t actually transform, they’re going to be pushed out, and new incumbents are going to come in. And the question is, can we do this fast enough to halt global warming in time to preserve much of the habitable world?
  • The second piece is a kind of climate communication that shows people how this is going to affect them. Most people think of this as a crisis that’s for the global south or for the distant future or for our grandchildren’s grandchildren or whatever. And it’s up to every single communicator, as far as I’m concerned, to make it clear in really concrete embodied terms what this crisis is going to mean for the children who are alive today.
  • When I started writing about climate five years ago, I would not have thought that this kind of political change was at all possible. We are living through what is a genuinely unprecedented global climate awakening, which has totally changed the landscape of what is possible. And it really has made the world and the future look sunnier
  • famously last year, Drew Shindell, who’s an air pollution expert at Duke, testified before U.S. Congress saying that a green transition of the American energy system would entirely pay for itself through the public health benefits of cleaner air. You could put aside all of the climate impacts. You could put aside all the benefits of cheaper electricity. And just because we would be healthier as a result, even in the U.S. where air is already clean, the dollars and cents would add up and make that a very, very clear win for all of us
  • here’s another thing you can do. You can organize your workplace to ask your company to make greener business decisions or to lobby Congress for climate policies
  • once they’re in office, keep pressuring them. Call their D.C. offices. Call their local offices. Send them emails regularly
  • he dynamic is even more horrifying elsewhere in the world where other countries have much dirtier air than we do. Estimates are as high as 10 million people globally dying of air pollution every single year, 8.7 million of them from the burning of fossil fuels
  • then the third piece of that is really showing how making these changes that are required would be such a benefit to them.
  • that you have to live like a monk to make this work. That may have been, to some degree, true 25, 30 years ago when the alternative systems that we now see right around the corner were much farther away in the distance and much more expensive. But it just isn’t the case now that to green our economy will require an enormous burden
  • when we think of it simply in terms of, is the economy going to grow faster or is it going to go slower, I think we really, really miss the huge, huge public health consequences of continuing running the systems as we are running them today, and also the huge benefits we would get from getting off those systems
  • david wallace-wellsIn 2070, we’re in a net zero world. Nobody has a carbon footprint. So having more kids is not going to make one difference in either direction. And I think we’re still in a place where we can keep that goal in mind and fight to make that possible so that we don’t have to do things like reduce family size.
  • I had this interaction just before the pandemic at an event I did. I keep thinking about it. I think about it maybe every week, maybe every day, where I gave a talk about looking at how dire some of these situations could be. And afterwards, somebody came up to me who assured me that he was not a climate denier. And then he said, so really, how bad is it going to get? And I said, well, at two degrees, we’re talking about 150 million people dying of air pollution. And he said, but that’s out of 8 billion. And I said, well, yeah, I mean, I’m not talking about the total extinction of the human race here, but 150 million is 150 million. That’s 25 Holocausts. And he said, but out of 8 billion.
  • the true, are we going to make humans extinct, kind of futures that we were talking about as slim but real possibilities a few years ago, I think are much, much less likely today. And that is in large part the result of climate protests by people who started their activism within the last few years.
  • genevieve guentherAnd just say that the word “responsibility” has two different definitions, right? There’s the sense of responsibility as guilt. Who is responsible for this crime? Who has to pay the price? But then there’s responsibility as duty. Who’s going to take responsibility for cleaning up this mess?
  • There is a very small ask that can be made, which is just to support the people who support aggressive climate action. We’re talking about massive, immediate, or quasi immediate payback for all of the investments we’re making.
  • If you don’t have the time to do that, donate money. Donate money to organizations that are putting their bodies on the line. Here are some of them— Sunrise, Fridays for Future
  • finally, one of the most impactful things that you can do is simply talk about climate change in your social networks, especially when it feels most socially awkward and embarrassing. Because unless we continue to break the kind of conspiracy of climate silence that allows people to look away, we’re not actually going to have the kind of pressure internally and psychologically in people that will help them join the climate movemen
  • genevieve guentherWell, let me contextualize this for a moment. The concept of the carbon footprint is actually a legitimate concept in sustainability research. It was developed by two researchers in the 1990s
  • What is the 1 percent? In the United States, I would define the 1% as people making $450,000 a year and above. So it’s hard to imagine how much consumption is normalized among these people. It is not at all considered wasteful to buy a new SUV every two or three years as new models come out. It is not all considered extravagant to fly up to 20 times a year. It is not at all horrific to buy an entirely new wardrobe two or three times a year and throw it all away. In fact, this is considered a signal that you are in the rich group and that you are living your best life.
  • it actually has to be done right now. We don’t get another shot at this.
  • Do my personal actions, be they avoiding plastic straws or composting or calculating my personal carbon footprint, as oil companies seem to really want me to do, or switching light bulbs or becoming a vegetarian, in the scheme of averting climate change or mitigating climate change, do those actions really matter?
  • I think that there are certain actors who have played hugely disproportionate, often toxic, roles in that story, namely the fossil fuel industry and their allies in political power, not just in the U.S. but all around the world.
  • that’s not to say that that person is as culpable as the CEOs of ExxonMobil. Obviously, there’s a huge spectrum of culpability, but I think that a huge majority of Americans are understandably viewed by people elsewhere in the world as contributing to the problem as opposed to contributing to the solution, and that we should not dismiss that judgment because we happen to think, well, I was just doing it for myself, or I was just acting in the system in which I live. We should take seriously that judgment and try to think about what we can do to sort of make it right, so to speak.
  • But BP extracted this concept from academia and created a multimillion dollar campaign, trying to change the discourse of the climate crisis and make, as you said, Jane, everybody feel responsible for causing the climate crisis, but also feeling responsible for solving it by doing things like no longer driving or no longer flying or no longer eating beef or turning off lights or using plastic straws. And as David said, this is impossible. Even if every single one of us brought our personal carbon emissions down to zero, we would not halt global heating.
  • number two, join a campaign or an activist group. There are local chapters of groups called the Sunrise Movement and 350.org in many communities. If you’re really hardcore, you can join Extinction Rebellion
  • It will require an investment, but that will sort of pay for itself in the relatively short term. And so we’re now in a situation where a lot of people often think that moving into a sustainable future is going to make their lives suck. And the truth is that just isn’t the case, but that is what the companies that are profiting from the status quo would like you to think because nobody wants their lives to suck.
  • I think we need to really tell the climate story as a story of good and evil because these people have known for decades what their products were going to do. And not only did they keep producing and selling fossil fuels, they lied about it. They lied about what they knew. And they tried to do everything they could to capture our political system just to sustain their own wealth and power. I think that’s pretty bad. It’s criminal. It’s absolutely criminal.
  • some of the changes that you’re talking about, people are compelled to do because they don’t want to feel a part of the ugliness of the destruction of the planet, more than because they’re making a rational calculation about how best to use their time and what they can do that has the highest impact
  • But the fossil fuel industry, as part of their disinformation campaign, wants to make everyone feel helpless, feel overwhelmed, and wants to shift our attention away from the political action that has a chance of resolving the climate crisis to what can’t possibly work, which is focusing on our carbon footprint.
  • I just don’t think that that’s the end all, be all of it, because I do think that many people, even today, think, OK, I want the future to be stable and green and prosperous. But I don’t want to pay $1 more at the pump for a gallon of gas and may actually vote in an election on that basis
  • That said, reducing the discretionary emissions of the top 1 percent is actually a piece of the decarbonization puzzle. So, if the top 10 percent reduced their carbon emissions do
  • n to the level of the average European, which is still quite significant — eight tons a year — we would be about one-third of the way to decarbonizing our systems. So we emit as a globe about 30 gigatons of carbon dioxide a year. And this reduction in luxury consumption would reduce emissions by about 10 gigatons a year. So that is just a staggering number.
  • Most of the people who are listening to this podcast and nobody in this room, for sure, is responsible for causing the climate crisis. But we’re all responsible for now solving it to the best way that we can.
  • Greenpeace. And here are some social justice organizations — UPROSE and WE ACT. There are also two new organizations who are writing climate policy in a new way and lobbying on the Hill to get them passed. They are Climate Power and Evergreen Action.
  • While there is a sort of transition bump and we should have public policy that addresses it, especially for communities who are already suffering, it’s also the case that the obvious economic logic is also the obvious environmental logic here. These are no longer in tension.
  • for me, that answer is really exclusively through a political engagement and political activism because we really need to shake the whole infrastructure of the world. And the only people who are capable of doing that are the people who are in corridors of power in politics and the corporate worl
Javier E

How Sam Bankman-Fried Put Effective Altruism on the Defensive - The New York Times - 0 views

  • To hear Bankman-Fried tell it, the idea was to make billions through his crypto-trading firm, Alameda Research, and FTX, the exchange he created for it — funneling the proceeds into the humble cause of “bed nets and malaria,” thereby saving poor people’s lives.
  • ast summer Bankman-Fried was telling The New Yorker’s Gideon Lewis-Kraus something quite different. “He told me that he never had a bed-nets phase, and considered neartermist causes — global health and poverty — to be more emotionally driven,” Lewis-Kraus wrote in August. Effective altruists talk about both “neartermism” and “longtermism.
  • Bankman-Fried said he wanted his money to address longtermist threats like the dangers posed by artificial intelligence spiraling out of control. As he put it, funding for the eradication of tropical diseases should come from other people who actually cared about tropical diseases: “Like, not me or something.”
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  • To the uninitiated, the fact that Bankman-Fried saw a special urgency in preventing killer robots from taking over the world might sound too outlandish to seem particularly effective or altruistic. But it turns out that some of the most influential E.A. literature happens to be preoccupied with killer robots too.
  • Holden Karnofsky, a former hedge funder and a founder of GiveWell, an organization that assesses the cost-effectiveness of charities, has spoken about the need for “worldview diversification” — recognizing that there might be multiple ways of doing measurable good in a world filled with suffering and uncertainty
  • The books, however, are another matter. Considerations of immediate need pale next to speculations about existential risk — not just earthly concerns about climate change and pandemics but also (and perhaps most appealingly for some tech entrepreneurs) more extravagant theorizing about space colonization and A.I.
  • there’s a remarkable intellectual homogeneity; the dominant voices belong to white male philosophers at Oxford.
  • Among his E.A. innovations has been the career research organization known as 80,000 Hours, which promotes “earning to give” — the idea that altruistic people should pursue careers that will earn them oodles of money, which they can then donate to E.A. causes.
  • each of those terse sentences glosses over a host of additional questions, and it takes MacAskill an entire book to address them. Take the notion that “future people count.” Leaving aside the possibility that the very contemplation of a hypothetical person may not, for some real people, be “intuitive” at all, another question remains: Do future people count for more or less than existing people count for right now?
  • MacAskill cites the philosopher Derek Parfit, whose ideas about population ethics in his 1984 book “Reasons and Persons” have been influential in E.A. Parfit argued that an extinction-level event that destroyed 100 percent of the population should worry us much more than a near-extinction event that spared a minuscule population (which would presumably go on to procreate), because the number of potential lives dwarfs the number of existing ones.
  • If you’re a utilitarian committed to “the greatest good for the greatest number,” the arithmetic looks irrefutable. The Times’s Ezra Klein has written about his support for effective altruism while also thoughtfully critiquing longtermism’s more fanatical expressions of “mathematical blackmail.”
  • In 2015, MacAskill published “Doing Good Better,” which is also about the virtues of effective altruism. His concerns in that book (blindness, deworming) seem downright quaint when compared with the astral-plane conjectures (A.I., building an “interstellar civilization”) that he would go on to pursue in “What We Owe the Future.”
  • In both books he emphasizes the desirability of seeking out “neglectedness” — problems that haven’t attracted enough attention so that you, as an effective altruist, can be more “impactful.” So climate change, MacAskill says, isn’t really where it’s at anymore; readers would do better to focus on “the issues around A.I. development,” which are “radically more neglected.
  • In his recent best seller, “What We Owe the Future” (2022), MacAskill says that the case for effective altruism giving priority to the longtermist view can be distilled into three simple sentences: “Future people count. There could be a lot of them. We can make their lives go better.”
  • “Earning to give” has its roots in the work of the radical utilitarian philosopher Peter Singer, whose 1972 essay “Famine, Affluence and Morality” has been a foundational E.A. text. It contains his parable of the drowning child: If you’re walking past a shallow pond and see a child drowning, you should wade in and save the child, even if it means muddying your clothes
  • Extrapolating from that principle suggests that if you can save a life by donating an amount of money that won’t pose any significant problems for you, a decision not to donate that money would be not only uncharitable or ungenerous but morally wrong.
  • Singer has also written his own book about effective altruism, “The Most Good You Can Do” (2015), in which he argues that going into finance would be an excellent career choice for the aspiring effective altruist. He acknowledges the risks for harm, but he deems them worth it
  • Chances are, if you don’t become a charity worker, someone else will ably do the job; whereas if you don’t become a financier who gives his money away, who’s to say that the person who does become a financier won’t hoard all his riches for himself?
  • On Nov. 11, when FTX filed for bankruptcy amid allegations of financial impropriety, MacAskill wrote a long Twitter thread expressing his shock and his anguish, as he wrestled in real time with what Bankman-Fried had wrought.
  • “If those involved deceived others and engaged in fraud (whether illegal or not) that may cost many thousands of people their savings, they entirely abandoned the principles of the effective altruism community,” MacAskill wrote in a Tweet, followed by screenshots from “What We Owe the Future” and Ord’s “The Precipice” that emphasized the importance of honesty and integrity.
  • I’m guessing that Bankman-Fried may not have read the pertinent parts of those books — if, that is, he read any parts of those books at all. “I would never read a book,” Bankman-Fried said earlier this year. “I’m very skeptical of books. I don’t want to say no book is ever worth reading, but I actually do believe something pretty close to that.”
  • Avoiding books is an efficient method for absorbing the crudest version of effective altruism while gliding past the caveats
  • For all of MacAskill’s galaxy-brain disquisitions on “A.I. takeover” and the “moral case for space settlement,” perhaps the E.A. fixation on “neglectedness” and existential risks made him less attentive to more familiar risks — human, banal and closer to home.
Javier E

Can Micro-Donations For Content Creators And Nonprofits Create A New Online Economy? | Co.Exist: World changing ideas and innovation - 0 views

  • Len Kendall, co-founder of the new micro-payments platform, reckons the problem isn’t so much that people don’t want to pay for things, but that they forget, it’s too much hassle, and the amounts involved are too big. CentUp, as the name suggests, deals in pennies. To give a few cents to your favorite blogger, all you do is click a little button and send the amount from a pre-charged account.
  • The contribution in itself isn’t great, but the collective amount could be. "We’re trying to increase the volume of giving by lowering the amount itself,"
  • There are billions of things being shared every day, and we thought: 'How can we take advantage of this very low investment action, and do something with it to help the world."
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  • Half the money goes to charity, which provides extra incentive to pay the creators something, Kendall says. "Sometimes artists find it difficult to ask people to pay. So, we felt that if we built charity into the system, it’s easier for them to ask. They can say, 'we’re giving half away.'"
  • "We think 2013 is really the time when people are going to start paying more for content. They are realising they don’t want to pay with their attention and advertising, and they don’t want to be behind paywalls. It’s a prime time to enable people to pay what they will."
davisem

Donald Trump's tough path to the White House - CNNPolitics.com - 0 views

shared by davisem on 28 Oct 16 - No Cached
  • He largely avoided incessant talk about allegations of sexual assault by multiple women and claims that the election is rigged -- both of which made wavering Republicans nervous.
  • "Just thinking to myself right now, we should just cancel the election and just give it to Trump," he quipped during a rally in Toledo, Ohio.
  • But the Fox News poll, like some other recent surveys, suggested Trump is underperforming 2012 nominee Mitt Romney among this core constituency. Romney won white voters by 20 points over Obama according to exit polls, but Trump is only 14 points ahead of Clinton in the poll with the same voting group.
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  • Trump donated just $31,000 to his campaign in early October despite promises to give up to $100 million to his campaign, according to a fundraising report filed Thursday. He has only donated $56 million to his race as of October 20.
  • The drumbeat of WikiLeaks disclosures yielded material to lambast Hillary Clinton and her family's foundation. And news of rising Obamacare premiums gave him an opening to criticize President Barack Obama's legacy that Clinton is running to inherit.
  • But 11 days before the election, Trump is down six points in CNN's Poll of Polls. His path to the 270 electoral votes needed to capture the presidency remains daunting and it will be tough to overcome the deficit in the remaining time. Trump seemed to acknowledge the challenges Thursday.
  •  
    Shows the struggles of Trump and how it has been a bumpy road
alexdeltufo

Struggle for soul of Democratic Party pits Wall Street-backed think tank against Elizabeth Warren - The Boston Globe - 0 views

  • Fast forward a decade: The philosophy, sketched out privately at the Boston office of Brown Rudnick,is now at the center of an intense struggle for the soul of the Democratic Party.
  • This is more than a grudge match. At stake for the Democratic Party is the support of middle-class, swing voters who decide elections.
  • Many on the left were shocked, and angered. Warren’s allies saw Third Way as a proxy — being used by her enemies on Wall Street to scare off the rest of the party.
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  • For their part, Third Way representatives bristle at the idea they are doing the bidding of Wall Street power brokers.
  • The philosophy set out by Third Way will be part of that conversation.
  • Third Way raises just over a third of its $9.3 million annual budget from undisclosed corporations. The remainder, the bulk of its funding, is donated by individuals, almost all of whom are members of Third Way’s board of trustees.
  • Both Vogelstein and Heller were major financial backers of Obama, and all three contributed heavily to Senate Democrats.
  • “We’re not remotely aligned with what Wall Street wants,” said Jonathan Cowan, the group’s president and cofounder.
  • “It goes back to what Bill Clinton said, which is ‘You can’t love the job and hate the job creators,’ ” said Matt Bennett, Third Way’s vice president for public affairs and one of its cofounders. “Vilification of industry isn’t helping Democrats.”
  • They insist on deficit reduction and entitlement cuts as conditions for key tax hikes on the wealthy.
  • Third Way’s insistence on linking tax hikes to a grand bargain — which has been impossible to obtain in the Obama era — has a direct bearing on the wallets of the group’s wealthy funders.
  • “If the Democratic Party stands only for raising taxes on the wealthy, not for actually making entitlement reforms and other spending cuts,’’ he said, “then the other half of the equation will never happen.”
  • Bennett said it should not be characterized as a donation from Goldman Sachs, but as a personal contribution from Heller that was made through the Goldman charity.
  • Though Third Way does not report details of its contributions, some of its donors do so through private foundations.
  • Third Way’s 2012 tax filing. Peck Madigan, which did not respond to e-mailed questions, lobbies for several Wall Street-tied clients, including MasterCard, Deutsche Bank, and the International Swaps and Derivatives Association.
Javier E

On Warren Buffett and Stephen King - Clive Crook - Politics - The Atlantic - 0 views

  • Apparently, all right-minded people want the "if-you-want-your-taxes-raised-why-don't-you-send-the-IRS-a-bigger-cheque" meme finally dead and buried. All right, but before we bury it let's see if we can understand it. I think it's childishly simple once you recognize that two separate questions are involved. Would IRS donations by Warren Buffett and Stephen King make the tax code fairer? No. Would IRS donations by Warren Buffett and Stephen King help to remedy the inequity they say the tax code causes? Yes. In other words, Warren Buffett and Stephen King should write generous checks to the IRS and not shut up, but keep demanding the fairer system they say they want.
Javier E

Republicans for Campaign-Finance Reform: Lindsey Graham, Chris Christie, and Ted Cruz - The Atlantic - 0 views

  • “I’ve told my six-year-old daughter, ‘Running for office is real simple: you just surgically disconnect your shame sensor,’” he said. “Because you spend every day asking people for money.
  • Starting with the attack on the McCain-Feingold campaign-finance law in 2003, opponents have won an accelerating series of victories against similar laws. The result has completely changed the world of campaign finance. Citizens United struck down limits on independent expenditures. SpeechNow made it possible for contributions to be largely hidden. Aggregate limits on personal contributions were swept away by McCutcheon v. FEC in 2014
  • even as it fails to rise to the top of most voters' agendas, majorities of Democrats, Republicans, and independents have voiced concern about the corrupting influence of money in polls, and the public generally supports spending caps.
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  • The Koch brothers have put together a coalition that intends to spend almost $1 billion in 2016. Some donors complained after McCutcheon that they'd no longer be able to hide behind limits when they didn't want to give, but the overall landscape has clearly shifted toward those writing the checks.
  • Members of Congress get the shaft, too, spending up to 12 hours a day dialing for dollars. The simple drag of having to do all that seems like a potent reason for candidates to push back
  • For extremely wealthy donors who want to elect candidates and influence issues, their newfound power is a godsend. After spending $92 million on super PACs in 2012, Sheldon Adelson can summon any Republican candidate he wants and has their ears to discuss Israel, his pet issue.
  • The candidates who are doing best at fundraising, or for whom super PACs are likely to raise money effectively, are staying tactfully quiet on the issue.
  • she also called last week for a constitutional amendment to create limits or mandate transparency for campaign cash.
  • Peter Schweizer has excited the political world with allegations of quid pro quos, in which foreign governments gave to the Clinton Foundation and Hillary Clinton, then serving as secretary of state, did them favors—essentially alleging bribery in foreign affairs
  • Shadowy organizations funded by multimillionaires, many of which scrupulously cover up their sources of donations, are going to pour huge amounts of money into trying to sway the democratic process—all in an attempt to prove that huge, insufficiently transparent infusions of cash from wealthy donors can corrupt a public servant’s policy decisions. Is this irony lost on the donors and the candidates they back, or does it simply not bother them?
Javier E

SSRN-What Drives Views on Government Redistribution and Anti-Capitalism: Envy or a Desire for Social Dominance? by James Lindgren - 0 views

  • In debates over the roles of law and government in promoting the equality of income or in redistributing the fruits of capitalism, widely different motives are attributed to those who favor or oppose capitalism or income redistribution. According to one view, largely accepted in the academic social psychology literature (Jost et al. 2003), opposition to income redistribution and support for capitalism reflect an orientation toward social dominance, a desire to dominate other groups. According to another view that goes back at least to the nineteenth century origins of Marxism, anti-capitalism and a support for greater legal efforts to redistribute income reflect envy for the property of others and a frustration with one’s lot in a capitalist system.
  • compared to anti-redistributionists, strong redistributionists have about two to three times higher odds of reporting that in the prior seven days they were angry, mad at someone, outraged, sad, lonely, and had trouble shaking the blues. Similarly, anti-redistributionists had about two to four times higher odds of reporting being happy or at ease. Not only do redistributionists report more anger, but they report that their anger lasts longer. When asked about the last time they were angry, strong redistributionists were more than twice as likely as strong opponents of leveling to admit that they responded to their anger by plotting revenge. Last, both redistributionists and anti-capitalists expressed lower overall happiness, less happy marriages, and lower satisfaction with their financial situations and with their jobs or housework. Further, in the 2002 and 2004 General Social Surveys anti-redistributionists were generally more likely to report altruistic behavior. In particular, those who opposed more government redistribution of income were much more likely to donate money to charities, religious organizations, and political candidates. The one sort of altruistic behavior that the redistributionists were more likely to engage in was giving money to a homeless person on the street.
  • In the United States, segments of the academic community seem to have reversed the relationship between pro-capitalism and income redistribution on the one hand, and racism and intolerance on the other. Those who support capitalism and oppose greater income redistribution tend to be better educated, to have higher family incomes, to be less traditionally racist, and to be less intolerant of unpopular groups. Those who oppose greater redistribution also tend to be more generous in donating to charities and more likely to engage in some other altruistic behavior. The academic assumption that anti-capitalism and opposition to income redistribution reflect an orientation toward social dominance seems unwarranted.
Javier E

Cari Tuna and Dustin Moskovitz: Young Silicon Valley billionaires pioneer new approach to philanthropy - The Washington Post - 0 views

  • Tuna and Moskovitz were in their mid-20s in 2010 when they became the youngest couple ever to sign on to the Giving Pledge, the campaign started by Bill Gates and Warren E. Buffett to encourage the world’s billionaires to commit to giving away most of their wealth.
  • They had little experience with philanthropy, but they believed that the bulk of the money Moskovitz had made — estimated to be $8.1 billion by Forbes — should be returned to society in their lifetimes.
  • they have narrowed their interests to four major “buckets”: U.S. policy, global catastrophic risks, international aid and science. They plan to announce their first major gifts in early 2015 and eventually hope to scale up to give away hundreds of millions of dollars a year.
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  • As Tuna and Moskovitz, now 29 and 30, respectively, began to compare one possibility with another and then another, they have become pioneers in an emerging philosophy of philanthropy known as “effective altruism” — which applies evidence and reason over things like emotion and intuition to determine where one can do the most good.
  • Today, Tuna and Moskovitz have a reputation for being among Silicon Valley’s most low-key billionaires. Friends and colleagues mention that they prefer to spend their free time doing yoga, meditating and taking walks. They fly coach, share a used car and bike or take public transportation to work.
  • Early in her research, Tuna came across Peter Singer’s “The Life You Can Save” — a book she cites as the catalyst for their approach. An Australian philosopher, Singer makes the moral case for giving, arguing that many people in the developed world can do so at little cost to themselves.
  • Each topic is assigned to one of four researchers who work full-time — which include Tuna, Karnovsky and two other young whizzes from the country’s top colleges. They conduct “shallow” investigations of the ideas that involve making a few phone calls with experts and reading a few smart papers or journal articles on the subject.
  • A former hedge fund analyst, Karnovsky was frustrated that he could not compare the impact of different charities when he tried to give away $5,000 of his own one year. So he and a colleague, Elie Hassenfeld, quit their jobs and founded an independent, nonprofit charity evaluator that they dubbed GiveWell.
  • Tuna and Karnovsky approached the challenge like reporter-scientists, partnering to collect data on the universe of possible causes, evaluate them and share their findings online for anyone interested to see. As part of a joint venture between Good Ventures and GiveWell that they called the Open Philanthropy Project, they talked to foundation heads, technical experts, historians, biologists, former government officials, political campaign managers and many others.
  • “One thing I learned early on is that a well-placed donation can transform someone’s life, but a poorly placed donation can have no impact or even do harm,” Tuna said. “But it’s not at all obvious from charities’ marketing which are the best buys.”
  • The centerpiece of the team’s investigation is a giant spreadsheet, the origins of which can be traced to a Google Doc list Tuna began in 2011. She added causes as she thought of them: Malaria, microfinance, marijuana policy. The arts. Nuclear security, climate change and on and on until there were hundreds of entries.
  • “Cari and I are stewards of this capital,” Moskovitz wrote in a Quora chat in 2013 shortly before they married. In response to a question about what it feels like to be a billionaire, he said: “It’s pooled up around us right now, but it belongs to the world. We intend not to have much left when we die.”
  • They consider three questions when deciding whether a cause has promise. First, importance — how many people’s lives would be affected and by how much? Second, could it be solved, in the short-term and long-term? And third, how crowded is the space? If a lot of smart people are already thinking about the issue, the marginal impact could be less than in other areas.
  • If a topic passes this initial test, an in-depth investigation follows. That can take months and includes discussions with as many as 50 people in the field and an attempt to home in on what kind of specific project could make a difference.
  • One of the topics they zeroed in on was criminal justice reform. Tuna and her team were struck by two statistics: The United States incarcerates a larger percentage than almost any other country in the world at great fiscal cost and it has highest rate of criminal homicides in the developed world. Clearly something wasn’t working.
  • “The world is a big, complicated system,” Tuna said, “and I feel we need to be as smart as we can be in order to stand a chance of having an impact with the resources we have — which are significant in one sense but really small in comparison to the kinds of the problems we want to work on.”
Javier E

Big Money Wins Again in a Romp - NYTimes.com - 0 views

  • Two days after the midterm elections, I met up with a man named Ira Glasser, the former longtime head of the American Civil Liberties Union.
  • Glasser is a First Amendment absolutist. And to him, that means that he supports the Supreme Court’s 2010 ruling on Citizens United because he believes virtually all campaign finance laws violate the First Amendment.
  • But what about what happens after the election? It is not the spending itself that is the problem, but rather the purpose of that spending.
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  • “So money equals speech?” I asked. No, he said. “But nobody speaks very effectively without money. If you limit how much you spend on speech, you are also limiting speech.”
  • Penniman makes a distinction between “ideological givers” — donors like the Koch brothers, motivated by the chance to get like-minded people elected — and “transactional givers,” those who donate because they expect something concrete in return. “These are folks who give just as generously to both sides of the aisle.”
  • It can be subtle, this influence. “Maybe it’s the amendment that does not get introduced in committee because the congressman knows that it is not in sync with the desires of his money patrons,”
  • it can be not so subtle, too. “On any given Wednesday night in Washington,” says Nick Penniman, the executive director of Issue One, which is dedicated to reducing the influence of money in politics, “you’ll have a member of, say, the finance committee, standing in the board room of a lobbyist’s office, surrounded by bank lobbyists. At some point, someone will hand a staffer an envelope with the checks in it, and the congressman will have raised $100,000 in 45 minutes. And they know exactly who was responsible for putting it together, and whose phone calls therefore need to be returned.”
  • Big contributors want something for their money. At its most benign, they want access, the ability to have their side heard whenever there is the possibility that legislation might affect their industry. Far less benignly, they want more — they want to know that their bidding will be done.
  • “Big money wins regardless of which party wins the election.”
  • There are two other reasons big money is corrosive to our politics.
  • One is that the need to raise money has become close to all-consuming.
  • “It’s a never-ending hustle. You get elected to this august body to fix problems, and for the privilege, you find yourself on the phone in a cubicle, dialing for dollars.”
  • the constant need to raise money means that “you don’t have the time for the kind of personal relationships that so many of us built up over time.” When people don’t know each other, it is a lot easier to think the worst of them. Polarization is the result.
  • Finally, there is the effect of big money on the rest of us. The public, Sarbanes believes, knows full well the insidious influence of money in politics. “The rational voter will say to himself, why should I bother voting if the person I’m voting for is a captive of special interests,
  • how does Ira Glasser react to these tales of corruption? He doesn’t deny them. “Of course there is corruption,” he says. “Of course there is undue influence of money.” But he doesn’t believe that those problems are as great as they are made out to be, or that they trump his First Amendment concerns. “The question is whether the remedy does more harm than good and violates the constitution,”
rachelramirez

Which Presidential Candidates Are Winning the Money Race - The New York Times - 0 views

  • Which Presidential Candidates Are Winning the Money Race
  • Hillary Rodham Clinton raised $29.9 million for her campaign in the third quarter, just ahead of Bernie Sanders, who raised $26.2 million.
  • Half of the reported money in the campaign so far has come from donations to groups outside the campaigns, like “super PACs,” that are not subject to limits.
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  • More than 88 percent of contributions to Mr. Sanders through Sept. 30 came from donations of $200 or less.
  • Jeb Bush and groups supporting him have reported more than $120 million in contributions so far, significantly more than any other candidate.
  • Donald Trump’s campaign spent $1.4 million through June 30, 74 percent of his campaign’s money at that point.
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